BTCUST trade ideas
BTCUSDT Breakout –8 May- Eyes on $106K NextIdea:
Bitcoin has broken out of a prolonged accumulation range with strong bullish confirmation across multiple timeframes. The price has reclaimed structure above GETTEX:98K and is pushing higher within a rising channel. This sets the stage for a potential move towards the $106K–$110K zone.
Why:
Confirmed Break of Structure (BOS) and Change of Character (CHoCH) on 4H and 1D charts.
Price broke out of the previous resistance zone and is holding above the POC near $98K.
RSI is trending above 70 – showing strength, not exhaustion.
ADX and DMI indicate a strong bullish trend – buyers (blue) are firmly in control.
MACD histogram turning green again – supporting upside continuation.
Volume is increasing, confirming genuine momentum behind the move.
How to Trade:
Entry: Buy on retest near GETTEX:98K –$99K.
Target: $106K (first target), $110K (channel top).
Stop-loss: Below $96K (invalidates the bullish structure).
Risk Tip: Use proper position sizing – breakout trades can be volatile. Protect capital, let profits run.
Bullish on $BTC🧠 Wyckoff Overview
🔻 This chart follows Accumulation Schematic #1 in Wyckoff theory.
🔻 The Spring phase (Phase C) is confirmed.
🔻 BTC has broken out from the accumulation zone.
🔻 We are now in Phase D, expecting a move into Phase E (new ATH).
📊 Technical Details
🔻 Accumulation zone: Around $72,000 – $88,000.
🔻 Spring (Phase C): A fakeout happened near $68,000, matching Wyckoff structure.
🔻 Breakout is confirmed after price moved above the downtrend line and Ichimoku cloud.
🔻 Main resistance: $95,000 – currently testing the supply zone.
🔻 Target: If breakout continues, BTC could reach a new ATH above $110,000.
📈 RSI and Volume
🔻 RSI at 66.71: Not overbought yet, still has room to go up.
🔻 Volume is increasing along with the breakout → shows strong buying pressure.
🎯 Personal Prediction
🔻 If BTC holds above $92,000 – $95,000 and continues to consolidate:
→ Short-term goal: $100,000
→ Mid-term goal (Wyckoff Phase E): $110,000 – $112,000
It’s ready to move!#BTC
👍👀 Daily Timeframe
Volume has dropped at the end of the bullish move.
Price is currently ranging in a decision zone.
✅ BTC is holding above the key 91,640 level. As long as it remains stable above this zone, there’s potential for a move toward the $100K area.
⚠️ As shown in the chart, $100K will act as a major resistance level before any attempt to reach $110K.
⚡ Meanwhile, price is testing the pivot zone around $97,400 — the same level that rejected the last bullish attempt.
So far, no strong reversal signals from this zone.
❌ But if price gets rejected again, we could see a breakdown below $93,700 and a retest of the support zone around $91,640.
💵 This support needs to hold for the bullish structure to stay intact.
✅ Historically, this level has repeatedly prevented BTC from dropping toward the $77K zone.
📈 I’m currently watching for a long setup, which will trigger only after a clear breakout above 97,400.
📉 For a short position, I’ll wait for a confirmed breakdown below 91,640.
Bitcoin Overall: Likely Moves (up to short)BTC is 'gathering strength' it seems to move towards the strong resistance. Looks like we are currently on wave 4/5 of an Elliott impulse (this being wave 1 of wave 5 of cycle degree).
Currently expecting the moves indicated. That's a pretty complicated and comprehensive forecast, let's see how I do!
"New Hampshire Launches First State Crypto Reserve"On May 7, 2025, the state of New Hampshire made history by becoming the first U.S. state to legally establish a cryptocurrency reserve. This groundbreaking move allows up to 5% of the state’s treasury funds to be allocated to digital assets, starting with Bitcoin and other cryptocurrencies boasting a market capitalization exceeding $500 billion.
Why Is This Important?
Until now, even the most crypto-friendly states in the U.S. have limited themselves to business incentives and relaxed mining regulations. New Hampshire has taken a much bolder step by equating cryptocurrencies to traditional reserve assets like gold and treasury bonds. By doing so, it is effectively recognizing crypto as a long-term financial instrument and a hedge against macroeconomic volatility.
This means the state can use cryptocurrency holdings to diversify its financial base, preserve value, and potentially improve budget flexibility during economic shifts.
Security and Storage
The newly passed legislation specifies that crypto assets must be held either in certified custodial wallets or via regulated exchange-traded products (ETPs) approved by the Securities and Exchange Commission (SEC). This ensures a high level of security and regulatory compliance. In addition, the law mandates that crypto assets must be held for a minimum of 24 months to discourage short-term speculation.
Federal Context and Reactions
While President Trump has proposed the creation of a federal “Strategic Bitcoin Reserve,” the initiative has yet to be implemented. New Hampshire’s move places it ahead of the federal government and presents a model of state-level innovation in fiscal policy.
Many analysts believe this decision could lead to a wave of similar measures in other states, particularly those already supportive of blockchain technology, such as Texas, Wyoming, and Florida.
Potential Benefits
Economists say that integrating digital assets into the public financial system could help protect state funds against inflation, foster technological innovation, and attract new businesses and investors.
The move also sends a message to private sector players: New Hampshire is ready to embrace the future of finance. This could accelerate the migration of blockchain startups, fintechs, and institutional capital to the state.
Criticism and Concerns
As expected, not everyone supports the initiative. Critics argue that investing public money in such volatile assets is premature and risky, especially given the lack of federal regulation and the possibility of sharp market downturns. Some fear political fallout if the investment underperforms.
There are also concerns about transparency and the mechanisms for evaluating which digital assets qualify under the new framework, as only tokens with extremely high market caps are currently eligible.
Conclusion
By creating a cryptocurrency reserve, New Hampshire has taken a bold and symbolic step toward modernizing state finance. It may be too early to gauge the long-term outcome, but the state has clearly positioned itself as a leader in government-level crypto adoption. What began as a local initiative could soon become a national trend.
BTC/USDT Analysis: Watching the Reaction at the HighHello everyone! This is a daily analysis from the trader-analyst at CryptoRobotics.
Yesterday, Bitcoin finally broke out of the range to the upside. The local selling zone at $96,100–$96,600 didn’t show any reaction. On the retest, it acted as a mirror level and supported continued growth.
At the moment, the local bias has shifted. All major volume clusters are now located below the price, so we can expect a new high. If we break through the current high, it’s important to watch the sellers' reaction. A false breakout could lead to a significant drop, but if it doesn't happen, the next potential target is $105,000.
Sell zones:
$98,000 (key level)
$107,000–$109,000 (volume anomalies)
Buy zones:
$91,500–$90,000 (strong buy-side imbalance)
$88,100–$87,000 (absorption of market selling)
$85,500–$84,000 (accumulated volumes)
$82,700–$81,400 (volume zone)
$74,800 (key level)
$69,000–$60,600 (accumulated volumes)
What do you think — which scenario will play out?
Drop your thoughts in the comments — it's always interesting to compare views!
This publication is not financial advice.
BTC - SHORT TERM DIRECTIONSelling wick on the 12-hour candle confirms strong resistance around the $96K– GETTEX:97K zone.
We may see a short-term dip towards $95K–$94K, but it’s really nothing to worry about.
While BTC searches for support, altcoins are likely to take advantage of this consolidation phase and rally. I don’t expect BTC’s short-term movement to significantly impact altcoin performance. It would only become a major influence if Bitcoin were showing signs of a long-term bearish trend — which it’s not.
No concern here — just keeping you all informed on BTC’s price action, as always.
BTC/USDTMACROSENTIMENT
Macrosentiment Analysis – BTC/USDT
Current Market Structure:
Bitcoin appears to have found a strong bottom around the $74,000 level, which historically has acted as a key support zone. This area was anticipated months ago as a likely retest zone in the event of a correction — specifically between $70,000 to $75,000. We are now beginning to see bullish candles forming, signaling renewed momentum.
📈 Upside Targets:
If bullish momentum continues and volume sustains, BTC is potentially on track to climb toward the $140,000–$150,000 range as the ultimate macro target.
However, several key resistance levels need to be broken first:
$88,000 – Major immediate resistance
$95,000 – Secondary resistance
$100,000 – Psychological and historical milestone; likely to be the toughest barrier
It's important to note:
➡️ Without a clear breakout above $88,000, BTC will struggle to approach $95,000
➡️ Without breaching $95,000, we are unlikely to challenge the $100,000 level
📉 Downside Support Levels:
In case of a pullback, the key support levels to monitor are:
$85,000 – Currently holding
$80,000
$74,000
$70,000
Breaking below any of these levels would signal a weakening structure and could suggest the formation of lower lows and a shift toward a bearish trend.
📌 Summary / My View:
BTC remains in an uptrend, with this week’s candle opening green, and the $85,000 support holding firm — both are strong bullish signs.
Volume remains the primary driver of continuation.
Until we clear $88,000, the upside remains limited.
📍Implication for Altcoins:
Since many traders gauge BTC’s momentum to time their altcoin entries:
✅ I have personally entered a few altcoin positions based on current bullish confirmation.
The market structure suggests growing strength and increased risk-on behavior.
BTC Breaks 95K — What's Next?Bitcoin has finally broken above the tough resistance level at $95,000 , a level we’ve struggled to conquer for the past 15 days. It's now trading around $96,800 , and the bullish momentum appears to be building.
I believe this momentum could carry the price beyond GETTEX:97K – GETTEX:98K , potentially leading us to the next major resistance zone at $100,000.
However, $100K won't be easy to break. Expect significant profit-taking around that level, as we’ve seen in the past. Our previous failure to break above it led to a bloody market throughout 2024. While this time could be different, remember: $100K is a massive resistance wall.
Altcoins, meanwhile, have lost a bit of momentum, as capital has been flowing steadily into BTC. As Bitcoin gains strength and dominance, altcoins are temporarily being pushed to the sidelines.
But don’t lose hope— incredible altcoin opportunities are coming soon.
Stay tuned.
BITCOIN BEARISHGigaAlgo BTC Market Outlook – May 7, 2025
Sentiment: Still bullish overall, but short-term timeframes are starting to weaken.
Price Action: BTC recently tapped into a key premium supply zone and is showing signs of rejection.
Structure: The trend remains in a bullish structure with higher highs and higher lows, but a minor break of structure has occurred near the recent high.
Support Zones: If the current support level fails, the next major support lies at the equilibrium zone, with stronger demand lower in the discount area.
Volume Analysis: Heavy volume was seen near the highs, indicating potential exhaustion or smart money selling.
Oscillator Insight: Momentum is slowing, suggesting a possible consolidation or deeper retracement before any further move up.
Breakout confirmation: A daily close above $98K with strong vol📋 Trade Plan
Long bias remains valid above $93.5K.
Breakout confirmation: A daily close above GETTEX:98K with strong volume targets the $102.5K level.
Pullback Buy Zone: $93.5K–$94.5K if price respects support.
Caution: Overbought oscillators combined with resistance suggest a short-term pullback risk before continuation.
🟢 Long bias intact above $93.5K
🔴 Avoid fresh longs here. Wait for either breakout above GETTEX:98K or dip to support
🎯 Target: $102.5K on breakout
🛑 Invalidation: Close below $93.5K
Bitcoin is Showing a New Trend!!!Hey Traders, in today's trading session we are monitoring BTC/USDT for a selling opportunity around 95k, Bitcoin is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 95k support and resistance area.
Trade safe, Joe.
Analysis of the Latest SignalsThe advancement of the Bitcoin Reserve Bill in many US states, such as Arizona's plan to allocate 10% of state assets to BTC, combined with the discussion on the regulatory framework at the White House Crypto Summit, may make policy clarity a catalyst for future market conditions. The market is watching this week's FOMC decision. If the rate - cut expectation heats up, it may promote the recovery of Bitcoin liquidity.
you are currently struggling with losses, or are unsure which of the numerous trading strategies to follow, at this moment, you can choose to observe the operations within our channel.
Trading Strategy:
buy@93500-94000
TP:95500-96000
Here's a simply analysis on BTC.BTC Update:
BTC faced rejection after reaching $97.8k, and with the current price at $94.4k, it is now in Retest Range 1 between $92.5k and $94.5k. This range has previously shown multiple rebounds, but when compared with the RSI, the chances of further rejection appear higher.
In another scenario, if BTC fails to hold Retest Range 1, we may see it pulling back or retesting levels around $87k.
Be cautious with multiple long positions for now and always trade with a proper stop-loss.
Regards,
Dexter